Barrington analyst Gary Prestopino adjusted the firm’s sum of the parts valuation range to $13-16 from $16 on Stoneridge (SRI) and keeps an Outperform rating on the shares following the company’s Q3 report. Following the report, the firm is reducing its 2025 and 2026 adjusted EBITDA estimates to $30M and $40.6M from $34M and $51M, respectively.
Claim 50% Off TipRanks Premium and Invest with Confidence
- Unlock hedge-fund level data and powerful investing tools designed to help you make smarter, sharper decisions
- Stay ahead of the market with the latest news and analysis so your portfolio is always positioned for maximum potential
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SRI: